VolvoAustralia has revised the XC40 line-up for the 2019 model year, dropping the price of entry by $3000 while also switching up the powertrain options in the process.

Now starting at $44,990 before on-road costs, the range kicks off with the T4 Momentum, which gets a lower-output version of the 2.0-litre turbo four that was offered in the outgoing T5 Momentum.

The T4 petrol engine puts out 140kW at 4700rpm and 300Nm between 1400 and 4000rpm, down from 185kW and 350Nm in the T5.

Drive in the T4 Momentum is sent to the front wheels exclusively, via an eight-speed automatic transmission, good for an 8.4-second sprint from 0-100 and a top speed of 210km/h – not that you'll be testing out the latter too often.

It's worth noting the outgoing T5 Momentum was all-wheel drive, so the bulk of savings is in the less powerful engine and lack of all-paw traction.

As before, the flagship variant gets a more powerful 185kW (@5500rpm) and 350Nm (@1800-4800rpm) version of the 2.0-litre turbocharged four-cylinder petrol motor, with drive sent to all four wheels via an eight-speed auto.

Performance specifications for the T5 include a brisk 6.4-second 0-100 time, and a top speed of 230km/h.

A number of single-item cost options and packages are available across the line-up, including the Lifestyle Pack ($2500) which adds heated front seats, a panoramic sunroof and privacy glass, and the Technology Pack ($2500) bringing adaptive cruise control with Pilot Assist, 360-degree camera system and an automated parking assistant for Inscription and R-Design only.

The Momentum can also be upgraded with the Convenience Pack ($990) bringing keyless entry, a powered tailgate and power-adjustable front passenger seat, along with the Momentum Technology Pack ($3000) that incorporates the features of the aforementioned Technology Pack offered on the Inscription and R-Design in addition to adaptive headlights and ambient interior lighting.

Both the Momentum and Inscription are available with the Sports Pack ($3900-4500), which varies depending on variant. The Momentum version brings a panoramic sunroof, privacy glass, a black headliner, sports steering wheel, a Harman Kardon premium sound system, and 19-inch alloys. For the Inscription, the package forgoes the 19-inch alloys as that wheel size is already standard.